The Day: 15

Posted 01.31.12 • 2011 layoffs, Paper Cuts

New London, Conn.
Owner: The Day Publishing Co.
Date: Dec. 14, 2011

Seven percent of the paper’s 273 positions were eliminated; four open positions were eliminated. In a letter to employees, Publisher Gary Farrugia blamed declining advertising revenue: “These actions come as we reconcile what is shaping up to be a very disappointing year financially.”
Source: The Day

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